01666cas a2200241 a 4500 AALejournalIMF005048 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451869736 1018-5941 BD-DhAAL BD-DhAAL Dao, Mai. International Spillover of Labor Market Reforms / Mai Dao. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results indicate that German labor market reforms have positive spillover effects on the rest of the Euro area, which operate through the channel of trade, relative price adjustment, and financial market integration. Compared to a competitive labor market, setting, unionization dampens the positive response of the domestic economy and magnifies the spillover effects. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/113/001.2008.issue-113-en.xml IMF e-Library